Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Mate2237
on 09/09/2024, 19:48:03 UTC
[quote author=JayJuanGee
Even though there are no guarantees in bitcoin that the BTC price will continue to go up, we can likely see that a guy who has various plans to continue to buy might be better in circumstances that the BTC price dips after his initial purchases, yet surely people are going to have their own ideas in regards to the BTC investment strategies, and some people will have been better at planning and/or having some flexibility to roll with the punches than others.
[/quote]
As I said earlier in the local board today, new investors and old investors of bitcoin are always happy when the price is in the dip and the bear market because that is the best time to accumulate many to the wallet so that whenever the price goes up they will make good profit from it. And what happened last week in the bitcoin price was also good for short term investors like the price was on $54+k and if an investor bought it at that price and today, it is $56+k and the person would make 2% increase as profit. But the best investment plan is long term so you don't have to both yourself to monitor the market.

And nobody can guarantee the price of bitcoin at all time and that is why it is good for the long term investment. And whenever the price dip then it is to refill the wallet for whatever I have. If someone bought it when it is high and the price  suddenly came down to the dip, he should not panic and all what he should do is to pick courage and keep hodling and one day the price would go up again.